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Louis Dreyfus Company B.V. (LDC) is a French merchant firm that is involved in agriculture, food processing, international shipping, and finance. The company owns and manages hedge funds, ocean vessels , develops and operates telecommunications infrastructures, and it is also involved in real estate development, management and ownership. [ 1 ]
The reason for Louis Dreyfus to sell LDH Energy was it sought to raise capital to expand its agriculture trading business. [5] The new company was named Castleton Commodities International, LLC where Glenn Dubin as of 2012 is the lead shareholder.
The company went through major expansion through acquisitions beginning in 1988, but filed for bankruptcy in 2001, emerging in the same year and embarking on a downsizing strategy. In May 2012, the company was purchased by Louis Dreyfus Group of the Netherlands. In November 2022, Dreyfus sold Imperial to U.S. Sugar.
Louis Dreyfus Co (LDC) has launched a sweeping cost-cutting plan in the latest attempt to revive profits at the 168-year-old family-owned firm, one of the world's largest agricultural commodity ...
Privately held Louis Dreyfus Co (LDC) reported a first-half net profit from continuing operations of $73 million, down from $91 million in the same period last year. A U.S.-China tariff dispute ...
IXM S.A. is a base metal commodity trading company with headquarters in Geneva, Switzerland. It is regarded as the third biggest metals trading company aside from Glencore and Trafigura . [ 5 ] [ 6 ] The current company was rebranded from "LDC Metals" to "IXM" after the transaction from LDC Group to the Chinese fund NCCL Natural Resources ...
Commodity [2] [3] Contract size Currency Main exchange Symbol Class III Milk: 200,000 lb: USD ($): Chicago Mercantile Exchange: DC Cash-settled Butter: 20,000 lb (~9 metric tons)
The firm's origin dates back to 1947, when investor Jack Dreyfus founded a brokerage house in New York City named Dreyfus & Co. [2] [3]. In 1951, attracted by the concept of mutual funds, Dreyfus & Co. purchased a small management company named John G. Nesbett & Co., Inc. with a small common stock fund called The Nesbett Fund Incorporated.